Workflow
Gossamer Bio (GOSS) Reports Q1 Loss, Tops Revenue Estimates
GOSSGossamer Bio(GOSS) ZACKS·2025-05-15 22:16

Group 1 - Gossamer Bio reported a quarterly loss of 0.16pershare,betterthantheZacksConsensusEstimateofalossof0.16 per share, better than the Zacks Consensus Estimate of a loss of 0.18, and an improvement from a loss of 0.19pershareayearago,resultinginanearningssurpriseof11.110.19 per share a year ago, resulting in an earnings surprise of 11.11% [1] - The company achieved revenues of 9.89 million for the quarter ended March 2025, exceeding the Zacks Consensus Estimate by 167.27%, compared to zero revenues a year ago [2] - Gossamer Bio shares have increased approximately 11.7% since the beginning of the year, outperforming the S&P 500's gain of 0.2% [3] Group 2 - The earnings outlook for Gossamer Bio is mixed, with the current consensus EPS estimate for the upcoming quarter at -0.18onrevenuesof0.18 on revenues of 4.13 million, and -0.66onrevenuesof0.66 on revenues of 26.3 million for the current fiscal year [7] - The Medical - Biomedical and Genetics industry, to which Gossamer Bio belongs, is currently ranked in the top 28% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] Group 3 - Gossamer Bio has surpassed consensus EPS estimates three times over the last four quarters, indicating a positive trend in earnings performance [2] - The estimate revisions trend for Gossamer Bio is currently mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6]